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Retail Property For Sale at 1375 BATHURST ST in Toronto, Ontario

New
4 Sale ID #225009
Updated 05 May 2024

Asking Price

$1,099,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

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Lot Size

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Building Size

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Premise Summary

Great Opportunity to own a Fantastic Property in Prime Real Estate Location!!Welcome to Casa Loma district at St Clair/Bathurst!!Property Features 1100 Sq Ft + Retail office space, 2 recently renovated separate one bedroom units on second floor (completed 2023). (One unit currently rented & is near end of lease) Basement can also be used with outside entrance to the back. 2 Garages spaces at rear of building. Loads of potential! Just walking distance from Forest Hill neighbourhood, Casa Loma, parks, Wychwood Library, multiple schools, & load of shopping. Steps away from St Clair West Subway Station, 2 major bus routes. & 10 mins drive to Downtown core! Great for End User or Investor. Don't let this excellent opportunity pass you by. **** EXTRAS **** Property has TWO furnaces 2 Water Heaters, all plumbing new, to city sewers( no lead pipes) New upgraded Electrical (no knob and tubes!) (id:39198)

  • MLS® : #C8224974
  • Date Listed : 11 Apr 2024

Location

Province

Ontario

City

Toronto

Address

1375 Bathurst St

Postal Code

M5R3H8

Location Highlights

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Listed by

ROYAL LEPAGE SIGNATURE REALTY Ontario listing

Category

retail-properties

Property Information

Premise Status

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With Accommodation

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Tenancy

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Lot Size

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Available Space

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Building Size

2,304

Year Built

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Years Remaining in Current Lease Term

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Renewal Options

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Operational Information

Number of Working Owners

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Current Owner - years

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FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$1,099,000

Asking Price

$1,099,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

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Gross Revenue- annual

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Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

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EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

2,304

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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